ABB Ltd. (VTX:ABBN) Receives CHF 20.73 Consensus PT from Brokerages

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ABB Ltd. (VTX:ABBN) has received an average rating of “Hold” from the eleven research firms that are covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is CHF 20.73.

Several equities analysts recently commented on the stock. UBS Group set a CHF 20.50 price objective on shares of ABB and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Oddo Bhf set a CHF 17 price objective on shares of ABB and gave the company a “sell” rating in a research note on Friday, October 4th. JPMorgan Chase & Co. set a CHF 19.50 price objective on shares of ABB and gave the company a “sell” rating in a research note on Wednesday, November 6th. Deutsche Bank set a CHF 20 price objective on shares of ABB and gave the company a “neutral” rating in a research note on Thursday, November 7th. Finally, Royal Bank of Canada set a CHF 19 price objective on shares of ABB and gave the company a “neutral” rating in a research note on Wednesday, November 6th.

ABB has a 12 month low of CHF 21.65 and a 12 month high of CHF 27.24.

About ABB

ABB Ltd (ABB) is a holding company. The Company’s segments include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It is engaged in serving customers in utilities, industry and transport and infrastructure.

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Analyst Recommendations for ABB (VTX:ABBN)

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